This text of Iowa § 505.27 (Medical malpractice insurance — annual claims reports required) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
1.An insurer providing medical malpractice insurance coverage to Iowa health care
providers shall file annually on or before June 1 with the commissioner a report of all
medical malpractice insurance claims, both open claims and closed claims filed during the
reporting period, against any such Iowa insureds during the preceding calendar year.
2.The report shall be in writing and contain all of the following information aggregated
by specialty area and paid loss and paid expense categories established by the commissioner:
a.The total number of claims in the reporting period and the nature and substance of
such claims.
b.The total amounts paid within six months after final disposition of the claims.
c.The total amount reserved for the payment of claims incurred and reported but not
dis
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1. An insurer providing medical malpractice insurance coverage to Iowa health care
providers shall file annually on or before June 1 with the commissioner a report of all
medical malpractice insurance claims, both open claims and closed claims filed during the
reporting period, against any such Iowa insureds during the preceding calendar year.
2. The report shall be in writing and contain all of the following information aggregated
by specialty area and paid loss and paid expense categories established by the commissioner:
a. The total number of claims in the reporting period and the nature and substance of
such claims.
b. The total amounts paid within six months after final disposition of the claims.
c. The total amount reserved for the payment of claims incurred and reported but not
disposed.
d. The expenses, as set forth by rule, related to the claims.
e. Any other additional information as required by the commissioner by rule.
3. The commissioner shall compile annually the data included in reports filed by insurers
pursuant to this section into an aggregate form by insurer, except that such data shall not
include information that directly or indirectly identifies any individual, including a patient,
an insured, or a health care provider. The commissioner shall submit a written report
summarizing such data along with any recommendations to the general assembly and the
governor annually by December 1.
4. A report prepared pursuant to subsection 1 or 3 shall be open to the public and shall
be made available to a requesting party by the commissioner at no charge, except that any
identifying information of any individual, including a patient, an insured, or health care
provider, shall remain confidential.
5. For purposes of this section:
a. “Health care provider” means the same as defined in section 135.61, a hospital licensed
pursuant to chapter 135B, or a health care facility licensed pursuant to chapter 135C.
b. “Insurer” means an insurance company authorized to transact insurance business in
this state. “Insurer” does not include a health care provider who maintains professional
liability insurance coverage through a self-insurance plan, an unauthorized insurance
companytransactingbusinesswithaninsuredpersoninthisstate, orapersonnotauthorized
to transact insurance business in this state.